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Demand Media's Rosenblatt Resigns

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In a surprise move, Santa Monica-based Demand Media said late Monday that founder, Chairman, and CEO Richard Rosenblatt has resigned from the company. Demand Media said that it has appointed Shawn Colo as interim President and interim CEO, effective immediately, with James Quandt taking the Chairman position.

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Demand Media Gets $225M Credit Facility

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Santa Monica-based online publisher Demand Media said Tuesday afternoon that it has entered into a new, $225M credit facility, split between a $125M revolving credit facility and a $100M term loan. According to Demand Media, the new facility replaces an existing, $105M revolving credit facility. READ MORE>>.

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Demand Media Plans To Split Domain, Content Businesses

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In a surprise move, Santa Monica-based Demand Media said Tuesday afternoon that it plans to explore separating its domain name and content businesses into two, independent, publicly traded companies.

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Demand Media Shuffles CFO

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Santa Monica-based online publisher Demand Media reported Thursday that it is shuffling its CFO, and is promoting its Senior Vice President, Finance and Treasurer Mel Tang to the CFO position. Current CFO Charles Hilliard becomes a Special Advisor to Demand Media's board of directors. READ MORE>>.

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Demand Media Files For IPO

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Santa Monica-based Demand Media , the online media firm run by Richard Rosenblatt, has finally filed for its long awaited IPO. According to Demand's IPO filing, the firm had a net loss of $6.00M on revenues of $114.0M of its revenues came from its Content & Media division, and $47.7M READ MORE>>.

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Demand Media Nets $77.2M From IPO

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Santa Monica-based Demand Media said this morning that it received approximately $77.2M Demand's IPO offering was for 10,235,000 shares of common stock at $17.00 per share, with 5,175,000 shares of the offering coming directly from Demand Media itself, and the rest from other shareholders.

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Demand Media Sets IPO Pricing Range

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Santa Monica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, said today in an S-1 filing that it expects its IPO to be between $14.00 Demand Media runs such sites as LiveStrong and eHow, along with a network of other media and content focused sites. and $16.00

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